Office

New Jersey’s office market is evolving by the day, but this fact remains: The state’s location and educated workforce make it a highly desirable place for tenants of all shapes and sizes.

Health Care & Education
Newark medical office building sells for $4.25 million

A newly renovated, 37,500-square-foot medical office building in Newark’s Ironbound section has changed hands for $4.25 million, in a deal arranged by The Kislak Co. Inc.

Office
Sanzari inks two law firm renewals at Hackensack complex

Two law firms have signed renewals at Court Plaza, Alfred Sanzari Enterprises’ three-building, 335,000-square-foot office complex in Hackensack.

Government & Public Policy
Report by business, labor groups fights back against criticism of incentives

Amid growing criticism of the state’s incentive programs, a group of prominent business and labor associations are aiming to set the record straight in Trenton.

Office
Denholtz: Upgrades yield leases at Somerset County office building

Denholtz Associates is touting nearly 17,000 square feet in leasing activity at a Bernardsville office building, where it recently completed $500,000 in upgrades.

Office
Lotus project banks on Newark’s rising profile, intrigue of timber construction

Lotus Equity Group hopes to tap into the intrigue of a mass timber office building as it markets plans for Riverfront Square, a sweeping mixed-use project at the site of the former Newark Bears stadium. The developer and its marketing team, led by brokers with Cushman & Wakefield, are also banking on the rising interest in Newark as a destination for new office users, following recent high-profile deals and the city’s selection as a finalist for Amazon’s second headquarters.

Residential & Mixed Use
Building a legacy: Panepinto, a pillar in Jersey City’s redevelopment, has much more to come

Panepinto Properties has had ties to virtually every major project in Jersey City since its founding in the late 1970s — and that involvement is poised to continue through new development downtown and in the resurgent Journal Square neighborhood.

Office
Rudin leaves Mack-Cali after stints as CEO, vice chairman

Mitchell Rudin has stepped down as vice chairman of Mack-Cali Realty Corp., a position he held for just over a year after about two years as the company’s CEO.

Photos
SLIDESHOW: March of Dimes’ annual New Jersey real estate reception

Hundreds turned out recently to honor Sam Morreale, founder and managing partner of Vision Real Estate Partners, as part of the annual real estate award reception hosted by the March of Dimes North Central New Jersey.

Retail
WCRE: Fitness concept leases 2,000 sq. ft. in Voorhees, its first East Coast location

A fitness studio based in Arizona has picked southern New Jersey for its first East Coast location, under a deal arranged by Wolf Commercial Real Estate.

Office
C&W: Onyx, Garrison sell Bergen County office building

An investor has acquired a 108,000-square-foot office building in Rochelle Park, marking the second sale of the property in less than a year.